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20121204
20121204
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of the fiscal cliff is already being felt in business planning for next year and 2014. >> even leading up to that, people becoming more conservative. that's had an impact on what the growth will be in '13 all things being equal and we're in danger if this strings out into '13 that you could have problems of what '14 would look like. >> by 2013 if negotiations get strung out, it will impact decision making and whether or not to build a plant or hire people or expand a division or not. >> which we have heard time and again from many of the leaders and many corporations whether they be financial or otherwise. it comes back to this world. certainty. lack of it. and we don't have a lot of certainty at this point. they still have to do business. not as though they won't come in on january 1st and go to work. they are. >> i was thinking, david, could there possibly be any m&a between now and year end? no. >> maybe a little. >> there will be some. you're less likely to make the big move. less likely to make the big move for a variety of reasons. one of them being you don't know how you're going t
of the republican party. yes, you have the business wing, the wall street wing, that wants a deal for the fiscal cliff because they're looking at their pocketbooks. you still have this hard ride evangelical wings and that tea party wings. those two things still have a lot of sway, and they still want the kind of candidates that are like herman cain. they still think people like even john boehner are too moderate. even though boehner is putting forward essentially the mitt romney economic plan as his supposed compromise with the president. that's not far right enough for a big chunk of the republican base. >> maria, let me play for you something one of the outcast congressmen tossed by speaker boehner said today. listen to this. >> it's not about principles. it's about blind obedience. dissent will not be tolerated, particularly conservative dissent. >> he was upset throughout that forum today. is conservative blogger eric ericsson, he writes this. conservatives must seek retribution or become the paper tiger. maria, what will the retribution look like? >> i think we're all a little scared of tha
a little bit. gridlock in washington over the fiscal cliff making stock investors really nervous. stocks are acting unpredictable. so watch out ahead here. companies should be making hiring and spending plans for next year. instead they're left wondering whether consumers are going to take home less money, and that government agencies can slash spending. a recipe for recession. i asked the ceo of fedex how companies plan ahead when washington is so dysfunctional. >> well i think most of the ceos look at the situation in washington with complete amazement and dismay, to be frank about it. the problem is, the ideological pinnings on both sides of this argument are so difficult to bridge, that it's going to be hard for them to get a deal. >> that's right. other ceos i talked to yesterday said they think it will be hard to get a deal, soledad and it's kind of a grim move right now in d.c. about how long it's going to take -- >> xavier becerra, it sounded like compromise could be on the table because they're going to come to this cliff deadline that will put pieces in place that maybe just ha
Search Results 0 to 2 of about 3